calitennis127
Multiple Major Winner
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- Apr 14, 2013
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Trump is a fraud. He is not as rich as he claims to be.
How do you know Federberg? Because the New York Times did a hit piece on him after he won the election? Is that all there is to say on the matter? I assure you that if Trump was pro-open borders and was still sending donations to the Democratic Party like he used to, everyone at NBC would still be friends with him and they would be touting him as a marketing genius.
When you say he is a business fraud, you are only saying that because he is not in the political party you favor. If you go back just 10-15 years, all of the NBC Democrats gushed over Trump and talked about how great a businessman he was.
If you want my personal opinion on Trump's business record, I consider it mixed. Democrats are now taking the position that it is all negative, but just a little bit of research raises serious doubts about that.
I will offer this as one example. The neoconservative Weekly Standard publication vehemently opposed Trump's candidacy, but they did publish this complimentary piece about Trump's business success in 2015. Trump's company apparently had even higher margins than Apple. The article is now on the website of the Washington Examiner since the Weekly Standard is defunct:
"And it’s simply not the case that Trump is “fair-to-middling” at running his business. In fact, Trump’s business is insanely profitable. According to that Businessweek story, the Trump Organization brought in about $605 million in revenue last year, and managed to clear somewhere between $275 and $325 million in profit. That’s a phenomenally high profit margin (which, of course, is a key sign of the health of a business). Trump’s approximately 50 percent margin means his company is more profitable than Pfizer, Gazprom, and Hyundai – all the most profitable companies in their respective industries. Trump’s company even has higher margins than Apple. Who knew? It turns out Steve Jobs was only “fair-to-middling” at running a business."
Trump’s Business Success Is More Than Marginal
With their attacks on his ideology, misogyny, and hair failing to wound him, Donald Trump’s opponents have decided to really cut to the quick: They’re now attacking the boastful billionaire’s business record. For a man whose sense of self-worth is clearly wrapped up in his net-worth (he has…
www.washingtonexaminer.com